You might think that the crypto market is down and out and that the once hyped NFT niche does not have much scope in the future. This turns out to not be the case whatsoever, as there are some projects going against the grain and becoming potentially high-growth successes in 2023.
The Uncharted is one of these projects, as it makes use of an interesting mechanism to drive value for its NFT collection. The project has actually made it through its private sale, seeing resounding success and its public presale is currently open.
The Uncharted NFTs Races Through Private Sale, Public Sale Open
The Uncharted is an NFT collection that calls itself an adventure and a voyage. The project is a collection of 21,000 NFTs where holders have access to many financial benefits. The sci-fi collection represents humanity’s journey into the future and also parallels the investors’ journey.
The Uncharted is not just another NFT collection with collectibles, and the team is keen on emphasizing this. It is something of a ticket into a financial journey – in other words, an investment.
Specifically, the team explains the project’s mission as bridging the gap between traditional finance and Web3. The NFT collection is expected to launch in Q1 2023, with the team only very recently announcing the project.
There are many “chapters” to The Uncharted, which is just another way of describing seasons. Each season will bring new content to The Uncharted Universe. This will introduce new ideas and features to users while keeping them engaged and is a smart way to keep users on board over time. The first chapter is The Southern Ring Nebula soon, and chapters two to four are being worked on.
The identity of the Uncharted team members is known and the project has listed their details on Twitter. The team members have decades of experience in the financial world, having worked in various roles in global financial markets. Xeta, which has raised $3.2 million, is the sister company to The Uncharted, and it powers the NFT collection. The two entities are also collaborating with each other. This is another key part of the project that gives it hope to investors.
While other projects are focused on creating value around the collectibles, and that alone, The Uncharted is heavily tied to a High-Frequency Trading Fund. Holders of the NFT gain benefits from the project’s High-Frequency Trading fund growth. 100% of the sales revenue of the NFTs is allocated to the XETA Capital Fund (XCF) High-Frequency Trading fund. Users can expect to earn up to 240% annually based on the historical performance of the fund.
This fund then distributes a percentage of its profit every quarter to all NFT holders via an airdrop. There is also a 36-month period for investment, compounding, and distribution of profits. At the end of the 3 years, the fund is split between the NFT holders and The Uncharted LTD. However, users are not locked in and can sell their NFTs anytime in between on OpenSea.
This feature is what distinguishes The Uncharted from its NFT peers and makes it considerably more interesting. The private sale for The Uncharted has ended, being one of the faster selling, and the public sale has begun. There are 4,000 NFTs up for grabs.
Conclusion
The Uncharted represents a new kind of NFT project that has enormous potential to change how value is exchanged in the niche. Its presale is worth checking out, as there’s no guarantee it will last long. After all, collectors will want an NFT project where the value is tied to a trading fund.
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